In the latest edition of our sponsored crypto press release section, we have a new blockchain-based company in the focus of our crypto news.
Meet Carnomic – a new blockchain-based platform that aims to revolutionize how marketing data is transferred in the automobile industry. In times when an industry like this is rapidly growing, Carnomic’s efforts are totally geared towards the use of blockchain – revolutionizing the way data-driven marketing campaigns work across the industry.
The innovative approach by Carnomic is currently listed under an Initial Coin Offering (ICO), in which the project aims to become “the next 100x cryptocurrency.”
Even though their moves are quite optimistic at this (early) point, Carnomic cannot promise anything regarding the token sale. What the team can promise, however, is something very innovative and something that shifts the focus in the automobile and transportation industry as a whole.
Carnomic’s Innovative And Blockchain-Based Approach – In Detail
One of the best ways to explore the innovative approach behind Carnomic is to see their video which presents the platform and its main advantages. We are featuring it below.
As you can see from the video, there are a couple of statements and facts that Carnomic pitches in its attempt to fulfill its ICO and raise capital before issuing its own token in the cryptocurrency marketplace.
Essentially, Carnomic is a startup with an innovative strategy and clear vision to overcome all of the short ends in the traditional data platforms – particularly in the automobile industry. In times when there is no data platform for the car industry, Carnomic aims to revolutionize the unique system of car registration and put it directly on the blockchain.
Some of the key points of Carnomic include:
- The MVP/Product – As the prototype from the app already exists, its Beta version is still in development. As a startup, Carnomic is working hard to have its final product ready.
- The Team – Passionate and experienced, the team at Carnomic is reachable and really exists. In other words, the team comprises of blockchain specialists, financial experts as well as individuals that are well-versed in law and legislation.
- Token Use Cases – There are many potential use cases for Carnomic’s token. Carnomic believes that its unique Carnomic Tokens will act as the official payment tokens for the Carnomic Platform, giving the tokens actual use cases and value.
- Hardcap – As a startup, Carnomic requires a realistic and justifiable capital prior to developing the platform to the end. More importantly, their hard cap will be implemented in the smart contract for the token sale.
- Project Roadmap – Carnomic has all of the milestones and future goals outlined – each of which important for the development of the company. The roadmap is realistic and does not deliver any false promises. There is even a white paper which introduces everyone to the platform in detail.
- Customer Base – As Carnomic believes, there is a wide potential customer base for their product. Speaking of, the automotive industry is full of innovation – and the blockchain is obviously a next step in which it could develop. From Volkswagen to Toyota and BMW, there are many automobile giants that are already aiming at blockchain adoption. For more details, check out Carnomic’s white paper.
- Legal Security – Carnomic is currently opening its company in the blockchain-friendly country of Liechtenstein and will be registered as an “LVC – Liechtenstein Venture Cooperative” in a process that is expected to finish by the end of October 2018.
Back Carnomic’s ICO Today And Gain Stake In A Promising Blockchain-Based Company
If you believe that Carnomic has all that it takes to reshape the automobile and transportation industry as we know it, the best decision to make is to back up their token sale and make most of the blockchain-based platform that aims to disrupt the industry by improving the use of data and giving a magnitude of benefits to the automobile companies.
For more information about the project and a chance to back it up directly, visit https://www.carnomic.io/.
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The Future of Bitcoin – Is it Worth Investing?
The Current Bitcoin MarketThe bitcoin market at the present moment is in a noticeable downward trend. This has been heavily influenced by the mass market sentiment which has displayed consistently negative signs. That said, many professionals within the industry, and certainly a trusted bitcoin broker such as TradeFW, have firm faith in the markets capability to rebound from its current position. Presently, the market is experiencing a low below $3,500, something which bitcoin trading sites have not seen in 12-months. That said, for those who have recently joined the industry and learned how to trade bitcoin, there are other opportunities. These opportunities currently reside with bitcoin options trading, or CFDs.
Bitcoins Short and Long-Term FutureBitcoins short-term future may well see a further slump prior to any bounce back, however if you are desiring to open a bitcoin account, this should not hold you back. There are many leading forex brokers who are now offering varied bitcoin trading strategies such as the CFD trading from TradeFW where BTC is paired with the USD. If you are wondering where to trade bitcoin in the current market, this may well be the best choice, since, with CFD trading, you can easily capitalize even in times of a slump in the market. As for the long-term future of Bitcoin, this would still appear to be bright. We should remember that in the bigger market picture, the current price level is still comparatively very strong, and the cryptocurrency remains in its number one position. The long-term currency future is further bolstered by the emergence of new trading opportunities such as CFDs and Options trading on Bitcoin. At the present moment, it may be a very advisable strategy to partner with a strong bitcoin trading platform which offers some of these more diversified financial trading instruments, and attempt to utilize any market conditions to your benefit. The best bitcoin trading platforms will certainly have extensive learning resources available. Continuing to utilize these resources to further learn about bitcoin is a surefire way to help improve your trading skill no matter the market conditions.
Pros and Cons of Investing in BitcoinStepping back from the current market situation, there are still a number of positives to be drawn from when it comes to potential future investment in Bitcoin and the cryptocurrency market in general.
- The potential growth levels in Bitcoin have already been demonstrated by the huge gains shown within the past year up to almost $20,000.
- The nature of Blockchain technology means investing in Bitcoin can be both anonymous and highly secure.
- As society continues its technological advancement, there is little doubt that Bitcoin can show its true potential further as it becomes more integrated as a payment method in everyday life.
- With new investment options such as CFDs and options trading in BTC markets becoming available, there is potential for traders in both an upward and downward trending market.
- Bitcoin investment remains innately risky, particularly in the current market where a negative sentiment is quite clear.
- It still remains to be seen if the currency will be adopted or has the technical capabilities to function as an everyday payment method in society.
- Security of your bitcoin holdings and intrinsic value of cryptocurrency are always contentious points.
ConclusionOverall, it is quite clear that whilst the bitcoin market is in times of some difficulty, opportunities still exist for both new and existing investors in the cryptocurrency. Bitcoin now has more trading options than ever with the ability to trade CFDs through many leading and trusted forex platforms. Regardless of the current market price, there is still clear potential in trading and the future of Bitcoin. TradeFW provides top quality forex broker services and trading in cryptocurrency CFDs including Bitcoin. For the best opportunity to capitalize on the current Bitcoin market along with all major forex and other markets, open an account today.
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